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Tailfins gave a Space Age look to cars, and along with extensive use of chrome became commonplace by the end of the decade. 1950s American automobile culture has had an enduring influence on the culture of the United States, as reflected in popular music, major trends from the 1950s and mainstream acceptance of the "hot rod" culture. The American manufacturing economy switched from producing ...
By 1960, one-sixth of working Americans were employed directly or indirectly by the industry, but automation and imports eroded the need for such a large workforce within a couple of decades. The 1950s were the pinnacle of American automotive manufacturing and helped shape the United States into an economic superpower. [3]
In 1979, American Motors announced a record $83.9 million profit on sales of $3.1 billion (US$13,014,030,261 in 2023 dollars [19]) for the fiscal year ending in September—this despite an economic downturn, soaring energy prices, rising American unemployment, automobile plants shutting down, and an American market trend towards imported cars.
The first Little People toy, "Looky Fire Truck," was introduced in 1950, and it sold so well, the company introduced the "Super-Jet" and "Racing Rowboat." BUY NOW Getty
The 1950s were also noted for perhaps one of the biggest miscues in auto marketing with the Ford Edsel, which was the result of unpopular styling and being introduced during an economic recession. The introduction of the Interstate Highway System [ 26 ] and the suburbanization of America made automobiles more necessary [ 27 ] and helped change ...
There's a common belief that wealthy Americans were heavily taxed in the 1950s, with a top income tax rate of 91%. ... Imagine a doctor in the 1950s who made $50,000 from his medical practice ...
The marketing orientation or the marketing concept emerged in the 1950s. Characteristics of the marketing orientation: [65] Thorough understanding of the customer's needs, wants and behaviors should be the focal point of all marketing decisions
Advertising progress: American business and the rise of consumer marketing (Johns Hopkins University Press, 2001.) Lears, Jackson. Fables of abundance: A cultural history of advertising in America (1995) McDonald, Colin, and Jane Scott. "A brief history of advertising." in The Sage Handbook of Advertising (Sage, 2007) pp: 17-34. Marchand, Roland.